pairadox

Stock Market Rally: Is This It?

Who benefitted from Ben's move? The little guys with savings accounts, or the "Smart Money Guys" on Wall Street who made off with "dumb guys' money? Or was it the bankers who could borrow for nothing and lend it for something? Maybe this is trickle down theory.

This Recession's Not That Bad - And We're More Than Halfway Through

Last week the WSJ reported China's 2009 estimated GDP would decrease from 9 to 7 %. This week syndicated articles decrease the estimate further- from 7 to 5 %. India is also falling deeper into recession. Those were the two countries that were suppose to grow and pull the rest of the world out of the pits. This recession is world wide and is hardly comparable to the previous two. Wall Street investors believe the worst is over and we're on the way to recover because as far as they're concerned, recession is a non-event, but something they read about in the news; bad news can easily be ignored. Rally on! They're the only one's who can afford it. When the king of spin admits that we've been in recession for the last year, you'd better worry. Whether you chose to call this recession or depression- it makes no difference- it's going to be around a lot longer than you ever imagined.

Hope Springs Anew

This rally makes perfect sense to me. This economy is in such deep
doo-doo that surely we'll be rescued. Let's celebrate, eat the rest of our rations!

Lower Markets Are Still to Come

The current rally reminds me of the October 2007 buying frenzy, when the market peaked in the face of horrendous news. Banks reported multi-billion dollar losses, and talking heads said they were "coming clean", the financial crisis was over; but economist were telling us the worst had yet to begin. When GW, the king of spin, says, "Hey, guess what? We've been in a recession," I worry, that we may be careening toward depression.

Hope Springs Anew

Everyone would like to believe that the pain is over, but that's hard to believe when the news about the economy continues to get worse. Now foreclosures are spreading to commercial mortgages; job losses are accelerating across the board. When the Bush administration says we're in recession, I have to wonder if we're not heading toward depression.

Last Thursday Was the Bottom - It's Time to Get Back in

The market rallied in the face of horrible economic news in the last two days. Kinda reminds me of October 2007 when investors were buying banking stocks after they reported multi-billion dollar losses, because they had "come clean", thinking the worse was over.

Forget $100 a Barrel - Oil Will Plummet to $30

The bottom line of this piece of trash is that this guy Schwarz is short USO and long DUG.

The 3G(PS) iPhone Arrives

AAPL went down today as well as the last couple of trading days probably because Cramer said to sell up until the June 9th announcement. He said the hype of the new phone was already priced into the stock. It's hard to believe how many people listen and actually do what that guy tells them to do. Cramer was probably buy AAPL like crazy this afternoon when it dropped down to 177.

The Ever-Surprising Oil Market

Last week they said the drop in crude oil inventory was due to fog causing delays in unloading tankers. There was no explanation this week. I thought that was rather conspicuous.

Fuel Check

Crude oil inventory has fallen three consecutive weeks, each time more than expected. Any speculation as to why? Blame it on "speculators"? Or maybe there really is an issue of supply less than demand.

By How Much Will Apple 'Blow Away' Its 10M iPhone Target?

chanat, as long as steve jobs is running aapl, don't try to trade this stock. just hang in there, add to your position on pull-backs if your portfolio warrants (but don't get too greedy).

German Subsidy Fears Trigger Solar Downgrades

analysts are self-serving. follow their advice and you will lose money.

Implied Volatility Suggests Financials Risk Is At Six-Month Low

I saw that the chart pattern of xlf was trending up and bought in at 25, but after two cycles got off the train while there was a profit to be had, albeit only 3%. My original intent was to hang in for the longer term, but the news has been so negative lately, that a break in the up trend to another step down seems inevitable and imminent.

The Housing Problem: What Inning is It?

I've been house hunting in the Sacramento, CA area since Nov 2007, and in the last 6 weeks, homes started selling like hot cakes, many with multiple offers and over the asking price. Asking prices have gone up forcing me to shop in a higher sales price category. Fact, not opinion.

Not Yet Time to Buy Homebuilders

"People who time the market get killed..." "Timing the market is a fool's game". Those are comments made with reference to buying stocks when the news is pessimestic. But isn't declaring "the recession has just begun" also timing the market? When it becomes common knowledge that the economy has recovered, home building and financial stocks with be at their 52 week highs. Many will wonder why they didn't buy in at the low point.